Assessment item 3 Individual Report Essay Example | Topics and Well Written Essays - 2500 words

Assessment item 3 Individual Report - Essay Example largely based on the technological aspect of the business as the more advance the industry and the components are, the more competitive the business can become. So far, the business has been dominated by very few of the companies and it will not be unjust to say that out of all the companies, one company has maintained the most of the share in the market and is considered as the greatest producer of software and other concerned products. That company is the company of Microsoft which has given this business a shape of a Monopoly by dominating the revenues and the products thus controlling the prices and quality of the goods and services produced by it. Since the commencement of the technological era and the advancement in the field of computers and software generation, there has been vast interpretations and scrutiny relating to the market arrangement, pricing and strategic performance of the software development companies. Every time an innovative advancement come up and grows into a vibrant growth approach the initial participants expand enormous benefits as they become the first to add to the practice, the invested resources and the public Therefore, when challengers approach the market, they have to pull alongside prior to the fact that they can struggle to gain the same status. Microsoft can be said to be a good illustration of this fact. Microsoft developed into a monopoly for the reason that it was able to generate and put into effect worldwide data communication benchmarks for personal computers and they did it by producing series of operating systems and by presenting the type of mechanism that may well run their Operating Systems so their merchandise was able to be in each market place that they wanted it to be, thus making it a monopoly in the software business. (Linzmayer 1994) The software business makes Microsoft as a monopoly because of its character of having the advancements in the technology and the economies of scale which do not render

The impact of Work environment on employees satisfaction in 5 star Essay

The impact of Work environment on employees satisfaction in 5 star hotels in the USA - Essay Example There exists a significant level of formal knowledge on the subject of employee satisfaction in relation to the working environment. This chapter will briefly evaluate specific areas of knowledge that assess how the different aspects that form the working environment such as general environment (cultures and beliefs), hotel environment (leadership strategies and team work) and organizational behavior will impinge on the employee satisfaction. Also of interest are the consequent effects on productivity. 1.2Work environment. Employee’s attitude and behavior are influenced greatly by the quality of their work behavior are affected by the quality of their work environment Work environment can be broken down into general environment (cultures and beliefs), hotel environment (leadership strategies and team work) and personal impact. Jacques (1951) defined organizational culture as the customary or traditional ways of doing things which are shared to a greater or lesser extent by all members of an organization and which new members must learn and partially agree in order to be accepted in that organization. According to Cole and Thomson (1995) culture is described as a summation of values visions perspectives, standards and modes of behavior in any organization. Human resource strategies have a major influence on shaping the working environment. These strategies include those activities that are necessary in the recruitment of a workforce, providing employees with their payroll, drawing benefit plans, and administrating their work-life needs. The development and utilization of this resource is in a broad sense done in order to advance the organization’s objectives.

Management Accounting - bereaucracy Essay Example | Topics and Well Written Essays - 1000 words

Management Accounting - bereaucracy - Essay Example The same history acknowledges the fact that many businesses and organisation had been in bad postures in the early years of the 1970's. This, according to many business analysts, was mainly owing to improper performance analysis techniques which would reflect real business situation. Importantly, stakeholders, especially shareholders, were putting incessant pressure on management team to reach good end of year figures. If some theorists agree that this was mainly due to principle emphasis on external financial reporting and management accountant neglected the need for internal accounting and financial monitoring in management accounting basic functions; others argue that this effect was attributable to other contextual factors. Management accounting has always been seen as a vital activity which reflects the health of the business, and the efficient use of resources. This performance measuring technique is an important internally-based financial monitoring tool, which could guide corrective measures to be taken on many emerging departmental or process deviations. If many businesses have been part of the drastic changes involved in business process reengineering aiming at streamlining business processes at varied levels, the analysis and creation of management accounting data has also greatly evolved. The evolution of technology in the early years of the 1960's as well as changes in the mode of production have changed mindset to production-oriented management owing to the event of mass production. It has increasingly been recognised as from the second distinctive evolutionary stage of management accounting that, the need to appropriately use resources could influence the overall cost or production cost in many manufacturing companies, especially where machineries are concerned and that their fixed costs could influence greatly margins at year end. In this context, there have been drastic changes to scrutinise costs associated to each activity or process which is referred to as Activity-Based Costing. The main aim was to decrease the overall seemingly inaccurate overhead allocation based on standard American costing, especially cost of running machineries in period where large scale production and customisation was becoming popular as strategy. Management accounting at this particular stage inherently focus on data to facilitate control which was a vitally important function in conventional management approach. Line management laying emphasis on production had as main objective s to satisfy orders and the critical data required was to better control and monitor processes both in machineries and labour. The focus was to establish strategy mixes that support organisational objectives, and develop and maintain the organisational capabilities necessary for strategy realisation. Furthermore, enormous consideration on